Page 11 - TEXtalks. October- November 2023

10 11
ITMF Awards 2023 presented at

the ITMF annual conference 2023

Italian Textile Machinery: Drop in

orders intake in third quarter 2023

The textile machinery orders index, as processed by the Economics Department of ACIMIT, dropped fully
20% during the third quarter of 2023, compared to the same period for July to September 2022. In
absolute terms, the index stood at 84.2 points (basis: 2015=100).

This result is due to a reduction in new orders recorded by manufacturers both on the domestic market The International Textile Manufacturers Federation ITMF Sustainability & Innovation Award 2023
and abroad. The decrease in orders in Italy came in at 45%, whereas the drop was just 13% in foreign (ITMF) is an international forum for the world’s textile Qingdao Jifa Group (China)
markets. The absolute value of the index abroad stood at 80.5 points, and 119.4 points in Italy. During the industries, dedicated to keeping the worldwide Project: Supercritical CO2 Assisted Dyeing of
year’s third quarter, new orders reached 3.7 months of assured production. membership constantly informed through surveys, Polyester
studies and publications, participating in the
As far as foreign markets are concerned, the orders index confirms an overall weakened global demand evolution of the industry’s value chain and through Qingdao University (China)
for textile machinery. Indeed, for the first half of 2023, Italian exports slowed in a variety of essential the organization of annual conferences as well as Project: Marine Bio-Based Fibres
benchmark markets, such as Turkey, China and the United States. “The global economic scenario publishing considered opinions on future trends and
remains negative, as consumers are facing a reduced purchasing power, with investments in the textile international developments. Universitat Politechnica de Catalonia (Spain)
sector consequently also slowing down,” ACIMIT President Marco Salvadè commented on the data. Project: Upcycling Fibres of Clothing and textile
Through ITMF the textile industries cooperate Waste to Building Materials
internationally with organizations representing other
sectors allied to their industry. At the ITMF Annual UPM Biorefining (Germany)
Conference 2023 which was held from November Project: The Future of Fabrics with Renewable
4-6, 2023, in Keqiao, China, and co-hosted by the Materials – How UPM and VAUDE Think Beyond
Imports of UK clothing between China National Textile and Apparel Council (CNTAC) Recycling

and the Shaoxing Municipal People’s Government.
The primary platform for textile discussions is the
Jan and Sept down 13.25% annual ITMF conference, which is organized in Winner Medical (China)
Project: Biodegradable Nanofiber Masks
different locations in one of the member countries. It
attracts executives of leading textile companies and ITMF International Cooperation Award 2023
Asia and Oceania are important markets for clothing to the UK and dispatches from this continent hold the industry experts covering the whole textile value chain Kelheim Fibres (Germany) & Santoni (Italy)
highest value among the UK’s import partners. In the first eight months of the current year, UK imports of ranging from cotton growing and shipping, Project: Advanced Machine Technology Meets
clothing totaled US $14.27 billion, down 13.5 percent over the comparable months of earlier year. man-made fiber producing, and cotton trading via Performance Viscose Fibres
machinery and chemical manufacturing up to retailing.
China touched $3.3 billion, a year-on-year decline of 20.5, and accounted for 23.1 percent of overall imports, Lenzing (Austria) & Södra (Sweden)
down 2 percentage points over the same months of 2022. Imports from Bangladesh stood at $2.76 billion, More than 500 high-level representatives from the Project: Enabling the Circular Textile Industry Together
dropping by 3.9 percent over a year ago period, and accounted for 19.3 percent of overall shipments, but entire textile value chain from China and around the
which grew 1.9 percentage points. Shipments from Turkey were $1.22 billion, a year-over-year plunge of 21.2 world attended the conference. Under the general Magnolab (Italy)
Project: Setting up a Textile Innovation District
percent, and accounted for 8.6 percent of all apparel imports, also down 0.8 percentage points. theme “Digitalization & Circularity – Megatrends
Shaping the Textile Industry” experts from the industry
UK retail sales of textile, clothing, and footwear totaled £41.66 billion in the months between January and and academia shed light on how the textile value Satori (Germany)
Project: B2B E-commerce – Accelerating
September 2023, increasing by 8.3 percent over the first nine months of 2022. In September alone textile, chain is coping with these trends and will help better International Growth for Fabric Mills
garment, and footwear retail sales in the UK amounted to £5.25 billion pounds, a year-on-year increase of 3.6%. understand the underlying dynamics and identify the
risks and opportunities.
Sustainable Terms of Trade Initiative (STAR Network
An international jury has selected the following Asia)
winners of the ITMF Awards 2023: Project: Improving Purchasing Practices

October/November 2023 October/November 2023